AlmaMapper Acquires VibrantMinds in Cash and Share Swap
VibrantMinds has assisted to 200+ companies till date in freshers hiring.
AlmaMapper Technologies, a funded Edutech ecosystem player has acquired VibrantMinds Technologies, a fresher recruitment solutions company in an undisclosed cash and share swap deal.
VibrantMinds was founded by Vikas Krishna Shinde in 2014. Since then the company has focused on campus recruitment and online assessment services and it helps in connecting colleges, companies & Candidates Across India. VibrantMinds has assisted to 200+ companies till date in freshers hiring. After acquisition, VibrantMinds operations will be integrated with AlmaMapper.
Founded in August 2014 by Pankaj Kaul and Chandra Mauli Sharma, AlmaMapper is a one-stop platform for students for all the utilities ranging from discovery of Campuses, Alumni, Notes, Courses, Events, Jobs & Internships and currently more than 800,000 students registered on the platform. The company has also created automated platform solutions for Alumni Management and Campus Placements for Colleges along with a SaaS based hiring system for corporates by the name of Scout360.
Commenting on the developments, Vikas Shinde CEO of VibrantMinds said, “Our goal is to remove gap between Companies, colleges & candidates and provide a seamless platform to create Job Opportunities across India for fresher as well as Experienced candidates. Now with Almamapper we will be able to explore & Scale it on higher level."
Commenting on the transaction, Pankaj Kaul CEO of AlmaMapper said, “AlmaMapper has a solid business model that is capable of scaling to be the market leader in this space. We thank all the stakeholders including our investors, employees, and consumers. We are happy to welcome VibrantMinds as part of our team, they bring in a tremendous amount of synergy and add a lot of value in our journey to be the market leader.”
The acquisition of VibrantMinds would allow the company to expand their market and service capabilities to across India and get access to more than 300 companies.
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